The video commerce boom


Chia says for SMEs looking to garner a larger audience, it is imperative for them to adopt the usage of this channel as it aids their expansion plans without much hiccups.

THE video commerce trend is fast catching up in corporate Malaysia with the rising popularity of eCommerce.

It is estimated that the global video commerce market is projected to grow at an explosive compounded annual growth rate (CAGR) of about 32% from 2023 to 2028. It was valued at US$526.72bil last year and is expected to reach US$2.79 trillion by 2028, according to India-based research and consulting firm Daedal Research.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Kerjaya Prospek records higher 4Q net profit of RM35.74mil
FBM KLCI maintains slight lead on final day of results period
Malaysia expects ringgit to rise this year, rules out currency peg
Ringgit rebounds to open higher against US$
Aluminium prices to remain under pressure in 2024
Soaring bitcoin set for sharpest monthly jump since 2020
Japan factory output falls at the fastest pace in nearly 4 years
FBM KCI rebounds slightly but volatility remains
Trading ideas: Maybank, Hong Leong Bank, HLFG, Public Bank, Farm Fresh, Hap Seng, Press Metal, Capital A, PPB, IJM, MYEG and Pecca
US SEC to vote on long-awaited climate disclosure rule, notice says

Others Also Read